Pre-opening Comments for Wednesday May 1st U.S. equity index futures were lower this morning. S&P 500 futures were down 20 points at 8:30 AM EDT. Focus today is on the FOMC’s announcement on the Fed Fund Rate at 2:00 PM EDT. Consensus calls for no change in the Rate at 5.25%-5.50%. Amazon added $2.16 to […]

Pre-opening Comments for Tuesday April 30th U.S. equity index futures were lower this morning. S&P 500 futures dropped 23 points at 8:35 AM EDT. The Canadian Dollar dropped 0.22 to US 72.90 cents following release of Canada’s February GDP report. Consensus was an increase of 0.3%. Actual was an increase of 0.2% NXP Semiconductor advanced […]

Pre-opening Comments for Monday April 29th U.S. equity index futures were higher this morning. S&P 500 futures added 12 points at 8:30 AM EDT. Apple advanced $3.34 to $172.64 after Bernstein upgraded the stock to Buy. Southwest Airlines dropped $0.34 to $26.69 after Jefferies downgraded the stock. Domino’s Pizza added $22.93 to $522.00 after reporting […]

Pre-opening Comments for Friday April 26th U.S. equity index futures were higher this morning. S&P 500 futures were up 46 points at 8:35 AM EDT. S&P 500 futures added 11 points following release of the March PCE Price Index at 8:30 AM EDT. Consensus was an increase of 0.2% versus a gain of 0.3% in […]

Pre-opening Comments for Thursday April 25th U.S. equity index futures were lower this morning. S&P 500 futures were down 50 points at 8:35 AM EDT. S&P 500 futures dropped another 14 points following release of U.S. first quarter annualized GDP at 8:30 AM EDT. Consensus was an increase of 2.5% versus a gain of 3.4% […]